Building materials, home decorative and interior products manufacturers from China plans to set up an industrial and logistics park in the state of Andhra Pradesh. The state government has decided to facilitate the industrial park spread on 10,000 acre exclusively for units set up by the Chinese companies. The likely investment is to the tune of Rs 40,000 crore. MOU is signed by the state government in this regard with the China Association of Small and Medium Enterprises and China Small and Medium Investment Group Ltd.